v3.26.3
Fair Value of Assets and Liabilities - Schedule of Changes in Level 3 Fair Value Assets and Liabilities on a Recurring Basis (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Liabilities        
Beginning balance, Total $ 37,135 $ 112,293 $ 65,837 $ 178,755
Purchases of Borrower Loans/Issuance of Notes 874,913 641,915 2,344,401 1,837,430
Principal repayments (4,087) (22,377) (29,266) (82,649)
Borrower Loans sold to third parties (903,418) (642,474) (2,373,390) (1,838,015)
Other changes (297) (176) (688) (885)
Change in fair value (931) (2,673) (3,579) (8,128)
Ending balance, Total 3,315 86,508 3,315 86,508
Prosper Funding LLC        
Liabilities        
Beginning balance, Total 1,696 2,677 1,437 2,548
Purchases of Borrower Loans/Issuance of Notes 874,913 641,915 2,344,401 1,837,430
Principal repayments 215 806 1,490 1,194
Borrower Loans sold to third parties (875,088) (642,474) (2,345,060) (1,838,015)
Borrower Loans contributed by Parent, at fair value 1,581   1,581  
Other changes 161 57 168 38
Change in fair value (163) (620) (702) (834)
Ending balance, Total 3,315 2,361 3,315 2,361
Notes        
Liabilities        
Beginning balance, Liabilities (221,070) (264,001) (243,900) (283,030)
Purchases of Borrower Loans/Issuance of Notes (35,178) (42,318) (107,162) (126,900)
Principal repayments 38,694 46,563 122,317 141,344
Borrower Loans sold to third parties 0 0 0 0
Other changes 68 140 476 477
Change in fair value 5,090 4,078 15,873 12,571
Ending balance, Liabilities (212,396) (255,538) (212,396) (255,538)
Notes | Prosper Funding LLC        
Liabilities        
Beginning balance, Liabilities (221,070) (264,001) (243,900) (283,030)
Purchases of Borrower Loans/Issuance of Notes (35,178) (42,318) (107,162) (126,900)
Principal repayments 38,694 46,563 122,317 141,344
Borrower Loans sold to third parties 0 0 0 0
Borrower Loans contributed by Parent, at fair value 0   0  
Other changes 69 140 477 477
Change in fair value 5,089 4,078 15,872 12,571
Ending balance, Liabilities (212,396) (255,538) (212,396) (255,538)
Borrower Loans        
Assets        
Beginning balance, Assets 258,205 376,294 309,737 461,785
Purchases of Borrower Loans/Issuance of Notes 35,795 42,332 109,434 128,165
Principal repayments (42,781) (68,940) (151,583) (223,993)
Borrower Loans sold to third parties (29,122) (573) (31,261) (1,850)
Other changes (365) (316) (1,164) (1,362)
Change in fair value (6,021) (6,751) (19,452) (20,699)
Ending balance, Assets 215,711 342,046 215,711 342,046
Borrower Loans | Prosper Funding LLC        
Assets        
Beginning balance, Assets 222,766 266,678 245,337 285,578
Purchases of Borrower Loans/Issuance of Notes 35,795 42,332 109,434 128,165
Principal repayments (38,479) (45,757) (120,827) (140,150)
Borrower Loans sold to third parties (792) (573) (2,931) (1,850)
Transfer of Credit Card interest receivables upon close of PMCC 2026-1 1,581   1,581  
Other changes 92 (83) (309) (439)
Change in fair value (5,252) (4,698) (16,574) (13,405)
Ending balance, Assets 215,711 257,899 215,711 257,899
Loans Held For Sale        
Assets        
Beginning balance, Assets 0 0 0 0
Purchases of Borrower Loans/Issuance of Notes 874,296 641,901 2,342,129 1,836,165
Principal repayments 0 0 0
Borrower Loans sold to third parties (874,296) (641,901) (2,342,129) (1,836,165)
Other changes 0 0 0 0
Change in fair value 0 0 0 0
Ending balance, Assets 0 0 0 0
Loans Held For Sale | Prosper Funding LLC        
Assets        
Beginning balance, Assets 0 0 0 0
Purchases of Borrower Loans/Issuance of Notes 874,296 641,901 2,342,129 1,836,165
Principal repayments 0 0 0 0
Borrower Loans sold to third parties (874,296) (641,901) (2,342,129) (1,836,165)
Transfer of Credit Card interest receivables upon close of PMCC 2026-1 0   0  
Other changes 0 0 0 0
Change in fair value 0 0 0 0
Ending balance, Assets $ 0 $ 0 $ 0 $ 0